Orion Properties rejects Kawa Fund director nominations as invalid

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Go back to Orion Properties rejects Kawa Fund director nominations as invalid

Orion Properties Announces that Director Nomination Notice from Kawa is Invalid

November 26, 2025 9:10 AM EST

No Stockholder Action is Required at this Time

PHOENIX--(BUSINESS WIRE)-- Orion Properties Inc. (NYSE: ONL) (Orion or the Company) today announced that the notice submitted by The Kawa Fund Limited (together with its affiliates, Kawa), which purported to nominate five candidates to stand for election to Orions Board of Directors at the Companys 2026 annual meeting, is invalid.

Orions Board of Directors reviewed Kawas notice and has unanimously determined that the submission did not meet several requirements set forth in Orions bylaws, including the requirement... More